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How is the impact of seasonality removed from a times series

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How is the impact of seasonality removed from a times series? Why is this important? How is the impact of seasonality removed from a times series? Why is this important?

What is MAD and why is it important in the selection and use of forecasting models? How does it compare with MAPE and MSE? What are the differences between the three?

How does forecasting relate to planning? What methods are commonly used for forecasting? Provide 3 examples of different types of forecasting problems.

Reference no: EM133033545

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